Favored Tech Wins Patent Dispute with P2i

Cupertino, CA, December 27, 2019  ̶  Favored Tech Corporation has won a patent dispute with UK-based P2i regarding the companies’ nano-coating technology for consumer electronics.

In August 2018, P2i filed a lawsuit against the Favored Tech Corporation entity in Shenzhen (Favored Shenzhen) at the Guangzhou Court in China. The lawsuit claimed that Favored Tech had infringed on P2i’s patent No. 200580013040.9. P2i followed this with an inflammatory press release in February 2019.

Favored Tech disputed the claims and filed a petition for an inter partes review (IPR) to have P2i’s patent reviewed due to prior art. On September 10, 2019, the National Intellectual Property Administration (NIPA) published its invalidation of P2i’s patent No. 200580013040.9. All claims under this patent were invalidated. On September 23, 2019, P2i formally filed an application to withdraw its lawsuit.

“We want to thank our customers who stood by us and trusted our unique technology.” said James Zong, Favored Tech’s CEO. “Our current and prospective customers can be confident that we will maintain our technological leadership and defend our intellectual property,” he added.

Favored Tech has more than 100 granted or pending patents worldwide. The company has 120 personnel dedicated to Research and Development and has established joint research ventures with three major Universities.